Duke Energy Announces Academic Scholars for 2006 - Duke Energy

News Release
May 1, 2006

Duke Energy Announces Academic Scholars for 2006

CHARLOTTE, N.C. -- Duke Energy announced today that 20 children of Duke Energy employees have been selected to receive the 2006 Duke Energy scholarships made possible by The Duke Energy Foundation.

Fifteen recipients will receive up to $5,000 per year for up to four consecutive years of undergraduate study at an accredited college or university in the United States or Canada. Five students were named alternates and will receive a one-time $1,000 scholarship.

Scholarship recipients must be graduating high school/secondary school seniors and are chosen annually by an independent committee of judges. The committee reviews and selects applicants based on their performance in academics, leadership and participation in school and community activities, honors and awards, work experience and financial need.

“Duke Energy’s scholarship program demonstrates the company’s continued support of employees and retirees, and our commitment to fostering educational growth as new generations prepare to enter the work force,” said Hilary Davidson, director of corporate community relations. “For the last four decades our scholarship program has benefited hundreds of families across our service territory.”

SCHOLARSHIP WINNERS

M. Lauren Arey of Charlotte, N.C. – She is a student at South Mecklenburg High School in Charlotte and is the daughter of Mel and Kathy Arey.

Emma Baker of Proctorville, Ohio – She is a student at Fairland High School in Proctorville and is the daughter of Darren and Terri Baker.

C. Hagan Blades of Rock Hill, S.C. – She is a student at Northwestern High School in Rock Hill and is the daughter of Showell and Caroline Blades.

Lauren Burianek of Cornelius, N.C. -- She is a student at North Mecklenburg High School in Huntersville and is the daughter of Kevin and Patricia Burianek.

Jennifer Cardwell of Clemmons, N.C. – She is a student at RJ Reynolds High School in Winston-Salem and is the daughter of Jeff and Terri Cardwell.

Alfred Custer of Clemson, S.C. – He is a student at D.W. Daniel High School in Central, S.C., and is the son of Fred and Christine Custer of Clemson.

Brian Henderson of Lebanon, Tenn. – He is a student at Lebanon High School in Lebanon, and is the son of Mark and Lisa Henderson.

Patrick Hill of Burlington, N.C. – He is a student at Walter Williams High School in Burlington, N.C., and is the son of Bob and Ami Hill.

Amanda Homce of Stanley, N.C. – She is a student at East Lincoln High School in Denver, N.C., and is the daughter of Debra and the late Daniel Homce.

Nicholas King of Huntersville, N.C. – He is a student at Hopewell High School in Huntersville and is the son of Kevin and Sharon King.

N. Tyler Lemons of Belmont, N.C. – He is a student at South Point High School in Belmont and is the son of Clay and Sandy Lemons.

Rachel Miller of Rockwell, N.C. – She is a student at East Rowan High School in Salisbury, N.C., and is the daughter of Rick and Debbie Miller.

Stephen Morton of Dallas, N.C. – He is a student at East Gaston High School in Mt. Holly, N.C., and is the son of Reid and Jill Morton.

Rachel Ogle of Charlotte, N.C. – She is a student at Independence High School in Charlotte and is the daughter of Craig and Mary Ann Ogle.

Lillian Sloan of Belmont, N.C. – She is a student at South Point High School in Belmont and is the daughter of Richard and Barbara Sloan.

ALTERNATES

Sarah Bryant of Chatham, Ontario – She is a student at Ursuline College Chatham and is the daughter of Bob and Sue Bryant.

P. Drew Dimmery of Matthews, N.C. – He is a student at Weddington High School in Matthews and is the son of Terry and Betsy Dimmery.

Amanda Fox of Huntersville, N.C. – She is a student at North Mecklenburg High School in Huntersville and is the daughter of Kevin and Linda Fox.

Ashley Friedrichs of Richmond, Texas – She is a student at Stephen F. Austin High School in Sugar Land, Texas, and is the daughter of Dave and Debbie Friedrichs.

Meredith Greeson of Eden, N.C. – She is a student at Morehead High School in Eden, N.C., and is the daughter of Tim and Sandra Greeson.

Duke Energy is a diversified energy company with a portfolio of natural gas and electric businesses, both regulated and unregulated, and an affiliated real estate company. Duke Energy supplies, delivers and processes energy for customers in the Americas. Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com.

Contact: Elizabeth Bennett
Phone: 704/382-7844
24-Hour Phone: 704/382-8333
e-mail: sebennett@duke-energy.com